Analysis: Bitcoin fundamentals are strong, and it is difficult to see a deep correction in the short term

Odaily Planet Daily News 21Shares strategist Matt Mena said that due to the structural imbalance between supply and demand, Bitcoin is "increasingly unlikely" to experience a long-term correction in the short term. Currently, the supply of BTC in exchanges and OTCs is at a historical low, while ETFs and institutions continue to absorb funds to drive the upward momentum. In addition, Bitcoin has hit a record high during the summer liquidity trough, reflecting strong fundamentals. Mena warned that if Trump's tariffs or the Fed's policies exceed expectations, it may pose a macro risk to Bitcoin. (Cointelegraph)